Earnings Boosted by Higher Fees and Trading Income

MADRID—Banco Sabadell SA on Thursday swung to fourth-quarter net profit from a loss a year earlier, buoyed by higher fees and trading income, making its shares the biggest gainers among European banks.

Spain's No. 6 bank by market value said its net profit in the fourth quarter was €61.7 million ($83.58 million), compared with a loss of €8.7 million in the same quarter in 2012. Net interest income was up 2.1% from a year earlier at...